4929 NW 53rd StFort LauderdaleFL33319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fort Lauderdale at 4929 NW 53rd St, Fort Lauderdale, FL, 33319 earns $974/mo cash flow from $2,898/mo rent with a $1,419/mo payment. Total monthly income totals $2,898/mo, and annual cash flow totals $11,689/yr on $96,102 capital. ROI tracks 32.07% on current figures, and rental yield reads 12% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 168.69% and total cumulative return in cash sums $162,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,898/mo property income instead of your personal income.
Single Family
Built in 1969
4,159 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33319, Fort Lauderdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,450 (100%) |
| Owner Occupied HU | 14,360 (56.4%) |
| Renter Occupied HU | 7,438 (29.2%) |
| Vacant Housing Units | 3,652 (14.3%) |
| Median Home Value | $302,525 |
| Average Home Value | $390,507 |
Housing Distribution
Address Breakdown
Residential
23,347
Single Family
10,786
Multi-Family
12,561
Businesses
988
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Faille-Roy • RE/MAX Consultants Realty 1
Mls Name: BeachesMLS
Mls ID: #F10546193